Ma Guangyuan once said in 2021 that real estate still looks like a sweet spot now, but in a few years, it will no longer have more value, and it will return to the original attribute, that is, residence.
This idea attracted a lot of attention at the time, but now, over time, is this view true?Has the dynamics of the real estate market really changed as Ma Guangyuan predicted?As 2024 approaches, should we buy a house decisively or sell it quickly?
The evolution of supply and demand.
The relationship between supply and demand in the real estate market has always been one of the key factors affecting house prices. In today's society, it is not uncommon for many families to own more than two houses.
Over the past few years, many people have purchased multiple properties for a variety of reasons, resulting in a surplus of housing overstock. This surplus situation has directly led to an increase in the vacancy rate of houses, which has further affected the stability and healthy development of the real estate market.
From another point of view, the relationship between supply and demand in the real estate market is also affected by policy regulation. **By formulating various policies to control housing prices, such as purchase restrictions, loan restrictions and other measures, these policies not only limit the purchasing power of home buyers, but also affect the investment enthusiasm of developers.
Demographic changes.
Demographics have a profound impact on the real estate market. At present, China's population is more elderly, and the proportion of people aged 60 and above has exceeded 18%.
Experts**, by 2025, the total number of people aged 60 and above in China will be more, and the challenge to society will be greater and greater.
Changes in policy regulation.
*Measures have also been taken to curb or promote development in response to possible problems in real estate, and although the specific policy changes have not yet been clearly revealed to the public, it has been indicated that it will implement city-specific policies and make full use of the tools in the policy toolbox.
This further indicates that when formulating and implementing policies, more attention will be paid to the supply and demand situation in the market, and measures will be taken accordingly according to the unique situation of different cities.
**Keen insight into the market and flexible response will help ensure that policies are targeted and effective. Ability to take a variety of measures to solve problems and promote development according to the needs and conditions of different cities.
Changes in the second-hand housing market.
There has been a significant increase in the number of second-hand housing listings in various places. This could be a sign that the financial nature of the property market is weakening.
In the past three years, due to the impact of the epidemic, most people have experienced varying degrees of income distress, and some people have even lost their jobs. In this context, the purchasing power of the property market is gradually weakening, and the demand for housing is decreasing, which may lead to the reduction of the financial attributes of the property and the trend of housing prices.
Summary
Based on the above analysis, from 2024 onwards, the choice between buying and selling a house is not easy. The supply and demand relationship in the real estate market has undergone significant changes, and policies are constantly adjusting, and the evolution of the demographic structure and the rise of urban renewal and affordable housing have all had an impact on the market.
Buyers need to carefully weigh their needs and risks.
For those who want to buy a house, they need to carefully consider their home purchase needs, whether it is a residential property or an investment property, as well as the current economic situation and policy environment. For those who already own a property, it is important to consider whether they need to adjust their asset allocation to grasp market opportunities.
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